Pharmagen Inc (PHRX) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
9337 FRASER AVE. SILVER SPRING, MD 20910 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 10 - Metal Mining (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 226 | 323 | ||
| Cash and cash equivalents | 226 | 323 | ||
| Receivables | 368 | 636 | ||
| Inventory, net of allowances, customer advances and progress billings | 137 | 147 | ||
| Inventory | 137 | 147 | ||
| Prepaid expense and other current assets | ✕ | 282 | ||
| Other undisclosed current assets | 149 | 198 | ||
| Total current assets: | 879 | 1,586 | ||
| Noncurrent Assets | ||||
| Property, plant and equipment | 383 | 91 | ||
| Intangible assets, net (including goodwill) | ✕ | 1,196 | ||
| Goodwill | 1,196 | |||
| Other undisclosed noncurrent assets | 20 | 25 | ||
| Total noncurrent assets: | 403 | 1,312 | ||
| TOTAL ASSETS: | 1,282 | 2,897 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities, including: | 1,379 | 779 | ||
| Other undisclosed accounts payable and accrued liabilities | 1,379 | 779 | ||
| Debt | 770 | 750 | ||
| Derivative instruments and hedges, liabilities | 2,114 | |||
| Due to related parties | 191 | 148 | ||
| Other undisclosed current liabilities | 3,644 | 757 | ||
| Total current liabilities: | 8,099 | 2,435 | ||
| Noncurrent Liabilities | ||||
| Long-term debt and lease obligation, including: | 5 | 503 | ||
| Long-term debt, excluding current maturities | 503 | |||
| Capital lease obligations | 42 | |||
| Other undisclosed long-term debt and lease obligation | (38) | |||
| Other undisclosed noncurrent liabilities | 765 | 2,652 | ||
| Total noncurrent liabilities: | 770 | 3,155 | ||
| Total liabilities: | 8,869 | 5,589 | ||
| Equity | ||||
| Equity, attributable to parent, including: | (7,712) | (2,692) | ||
| Preferred stock | 3 | |||
| Common stock | 434 | 381 | ||
| Additional paid in capital | 1,478 | 166 | ||
| Accumulated deficit | (9,148) | (3,148) | ||
| Other undisclosed equity, attributable to parent | (475) | (94) | ||
| Other undisclosed equity | 125 | |||
| Total equity: | (7,587) | (2,692) | ||
| TOTAL LIABILITIES AND EQUITY: | 1,282 | 2,897 | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|
| Revenues | 4,813 | 3,937 | |
| Revenue, net | 4,813 | 323 | |
| Cost of revenue | (1,768) | (2,996) | |
| Cost of goods and services sold | (1,768) | (2,996) | |
| Other undisclosed gross profit | 323 | ||
| Gross profit: | 3,045 | 1,265 | |
| Operating expenses | (6,657) | (3,361) | |
| Other operating income (expense), net (Other Expenses) | 2,389 | (675) | |
| Other undisclosed operating income (loss) | (2,389) | 675 | |
| Operating loss: | (3,612) | (2,096) | |
| Nonoperating income (expense) (Investment Income, Nonoperating) | 633 | (90) | |
| Interest and debt expense | (3,008) | (245) | |
| Loss from continuing operations: | (5,986) | (2,431) | |
| Loss before gain (loss) on sale of properties: | (5,986) | (2,431) | |
| Other undisclosed net loss | (14) | (340) | |
| Net loss: | (6,001) | (2,771) | |
| Net loss attributable to noncontrolling interest | (6,458) | ||
| Other undisclosed net income attributable to parent | 6,458 | ||
| Net loss available to common stockholders, diluted: | (6,001) | (2,771) | |
Comprehensive Income ($ in thousands)
| 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|
| Net loss: | (6,001) | (2,771) | |
| Comprehensive loss: | (6,001) | (2,771) | |
| Comprehensive income, net of tax, attributable to noncontrolling interest | 6,458 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 457 | (2,771) | |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.